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News

2007

October

16
  • Choose credit cards by how you use them. Americans have a complicated relationship with credit cards. Most of us won't leave home without them. But ask the average consumer how she feels about credit card companies, and you're likely to hear the kinds…
  • Home Insurers Canceling in East. It is 1,200 miles from the coastline where Hurricane Katrina touched land two years ago to the neat colonial-style home here where James Gray, a retired public relations consultant, and his wife, Ann, live. But…
15
  • National Defense Department investigate consumer's finance and credit report (Chinese). 【美聯社紐約十四日電】最新公布的文件顯示,國防部911恐襲後寄出的數百封索取顧客金融紀錄的秘密信件,反映出該機構內部系統缺乏統一的協作和嚴格的監管,造成濫權和越權現象嚴重。 美國公民自由聯盟(ACLU)遵照「資訊自由法案」的規定,拿到一套經過修改的五角大廈文件。該組織聲稱,對手中455份「國家安全信件」的分析顯示,國防部與聯邦調查局聯合避開法律規定,越權獲取顧客的金融和信用紀錄。
  • NYC study: Minorities pay more for mortgages. Home buyers in predominantly black and Hispanic neighborhoods in New York City were more likely to get their mortgages last year from a subprime lender than home buyers in white neighborhoods with similar income levels,…
14
  • When there's a will, there's a way online. John Chuang of South Pasadena, Calif., became a father in 2005, he and his wife, Sulynn, knew that they needed a will. But Mr. Chuang, 38, didn’t want to pay hundreds of dollars to a…
  • The owners who can't hire and fire. Investors may have hoped that the Securities and Exchange Commission would do the right thing and allow them a much more active role in governance matters at their companies. Ownership usually brings certain rights, after…
13
  • Agency warns of cellphone scam. An e-mail warning consumers that cellphone numbers will soon be released to telemarketers is making the rounds again, and government officials have a key detail they'd like to add: it's totally bogus. The e-mails say…
11
  • Countering credit card marketing on campus. Campus credit-card marketers are out of control and entrapping students into years of debt, say a national consumer group and a coalition of college officials and student leaders. Students lacking financial savvy are barraged by…
  • Cutting them a break on carried interest. Democrats like to boast that they are the party that worries about the middle class while Republicans lavish tax goodies on the rich. So a juicy tax break enjoyed by a select group of the…
  • Industry alliance aims to prevent foreclosures. The Bush administration announced a new mortgage industry coalition on Wednesday aimed at helping homeowners avoid being trapped in a rising tide of foreclosures. Treasury Secretary Henry Paulson said the initiative would help coordinate efforts…
  • Insurer to pay up to $500,000 in probe. Insurer HealthMarkets — under investigation by 36 states and facing a lawsuit by the Massachusetts attorney general — has agreed to pay up to $500,000 to settle concerns raised about its business practices in Delaware.…
  • Coalición busca evitar embargos de casas. Los principales actores del sector hipotecario en Estados Unidos, como son los bancos, los intermediarios inmobiliarios y la administración federal, han lanzado una campaña para tratar de frenar el auge en la morosidad y los…
10
  • Nuevo plan de espionaje protege la privacidad. Los demócratas de la Cámara de Representantes presentaron ayer un proyecto de ley de escuchas electrónicas que da a la Agencia Nacional de Seguridad (NSA) el poder para espiar a extranjeros sospechosos de terrorismo, pero…
09
  • Blocking the card sharks. Pam Gear of Newbury Township [Ohio] is an avid bargain hunter who scours off-price stores on a regular basis for top-quality, low-priced merchandise. And during a recent shopping expedition, she was stunned when one of…
08
  • Hold on, my wallet is ringing. PHILIPPINES - It's Thursday, so 18-year-old Dennis Tiangco [of San Miquel] is off to the bank to collect his weekly allowance, zapped by his mother - who's working in Hong Kong - to his electronic…
  • American Dream becomes debtor's nightmare. Soledad Aviles dreamed for years of owning a home, with a plot of land where he could grow corn and chiles as he did in his native Mexico. So he felt blessed last year when…
07
  • Iowa universities won't divulge credit card agreements. Two state universities are refusing to disclose to the Iowa Board of Regents their credit-card marketing agreements with Bank of America. The agreements are believed to be similar to those at many schools and universities…
  • Credit scores need be good, not perfect. Whether you're considering buying a new home or refinancing an existing mortgage, credit scores matter more than ever. To find out what consumers need to know about their credit reports and scores to get the…
06
  • Tax relief for distressed but not the rest. In a tax-Peter-to-pay-Paul move, the House voted Thursday to permanently remove the "phantom income" tax penalty that haunts financially distressed homeowners whose debt is partially forgiven by a lender after a foreclosure or a short…
 

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